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Showing posts from 2025

RECPDCL Handover WRNES Talegaon Power Transmission Limited SPV to Adani Energy

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The estimated cost of the project is around Rs. 1,807.46 Crore by Priya Jadhav REC Power Development and Consultancy Limited (RECPDCL), a wholly owned subsidiary of REC Limited, the Maharatna CPSU under the aegis of Ministry of Power, handed over a project specific SPV (Special Purpose Vehicle) of ISTS Transmission Project under TBCB route viz, WRNES Talegaon Power Transmission Limited to Adani Energy Solutions Limited on 30th May 2025. The estimated cost of the project is around Rs. 1,807.46 Crore. Adani Energy Solutions Limited emerged as the Transmission Service Provider (TSP) through Tariff-Based Competitive Bidding (TBCB) process conducted by RECPDCL, the Bid Process Coordinator, for development of the transmission project on Build, Own, Operate & Transfer (BOOT) basis. The SPV was handed over by Shri T.S.C. Bosh, CEO, RECPDCL to Shri Sanjay Arvind Johri, Vice President (BD), Adani Energy Solutions Limited in the presence of Senior Officials of RECPDCL, Adani Energy Solutions ...

Odysse Electric Vehicles Records Stellar 43% Growth in Sales for May 2025

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by Priya Jadhav Mumbai, June 2025  –  Odysse Electric Vehicles,  one of India’s fastest-growing premium electric vehicle manufacturers, has registered a 42.9% increase in sales for May 2025, clocking 223 units, compared to 156 units in May 2024. Odysse Electric witnessed this impressive growth due to rising consumer demand for sustainable mobility solutions, expanded distribution networks, and product launches. The company recently announced the successful debut of Evoqis Lite, a sleek and sporty electric motorcycle offering high performance at an accessible price, and HyFy, an ultra-affordable, low-speed electric scooter tailored for daily urban travel. Odysse’s commitment to innovation, affordability, and eco-friendly transportation has resonated strongly with urban commuters and businesses alike. Nemin Vora, Founder and CEO of Odysse Electric Vehicles, said  “ We’re encouraged to see steady growth in our monthly performance. It reflects the gradual but positive sh...

PNB Reduces Interest Rates on Education Loan by 20 bps under the Vidyalaxmi Scheme

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by Priya Jadhav   The bank enhances affordability towards higher education at 860 premier Indian institutions  Mumbai,  June:  Punjab National Bank (PNB), India’s leading public sector bank, has reduced interest rates on its education loan offering under the  Vidyalaxmi Scheme  by 20 bps. This initiative further strengthens the bank’s commitment to enhance education accessibility. The Vidyalaxmi Scheme is designed to provide comprehensive financial support to students towards quality-driven higher education. This initiative is available to candidates who secure admission on merit to 860 identified Quality Higher Education Institutions (QHEIs) across India. These institutions have been categorized by PNB as follows:   Group Name No of Institutes I AAA 85 II AA 152 III A 623         Key Features of the Scheme: Eligibility : Indian Nationals including NRIs, and OCIs pursuing Graduation/Post-Graduation degree or diploma courses in ...

Home Loan Volume and Value See Double-Digit Growth; High-Ticket Loans (Rs. 1+ Cr) Reach 21% Share: Urban Money

Driven by rising residential demand, India’s home loan market continues to strengthen. According to insights from Urban Money, the volume and value of home loan disbursals in top cities increased by 10% and 15%, respectively, in FY 2025. Notably, loans with ticket sizes above Rs. 1 crore accounted for 21% of total home loan disbursals during the year. by Priya Jadhav Mumbai, Maharashtra, June 3, 2025 –  Residential property registrations across key Indian cities have continued to rise steadily in recent years. Data from Urban Money (FinTech venture by Square Yards), shows that the total number of registered residential transactions in key cities*, as recorded by the Inspector General of Registration (IGR), increased from 3.07 lakh units in FY 2019 to 5.44 lakh units in FY 2025—a 77% growth over the six-year period. This upward trend is also reflected in the housing finance sector, which plays a critical role in supporting residential real estate. According to  Urban Money ’s l...

Nakoda Group of Industries plans major Expansion

Will launch Diversified range of beverages and aerated drinks under brand name “NOCTRL”  NSE & BSE listed (NSE NGIL) ( BSE 541418) Nakoda Group of Industries engaged in manufacturing and Exports of premium-quality Tutti Frutti (Candied Fruits), dry fruits & dehydrated fruits has announced a strategic expansion into the drinks and beverages segment, adding items like mineral water, aerated drinks, and non-alcoholic beverages to its product line. This move is part of a broader strategy to diversify its offerings and strengthen its market position. It operates in the food and beverage industry, focusing on manufacturing, processing, and trading a wide range of food products, including fruits, nuts, bakery items, and various agricultural products.  Additionally, the company will launch Its New beverages Products in ‘NOCTRL’. brand name Strategically headquartered in Nagpur—geographically recognized as the heart of India—the company benefits from seamless logistical advant...

Conrad Pune to Launch ConREAD: An initiative to Reignite Reading and Ushering in a New Chapter for Literary Engagement in Pune

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by Priya Jadhav  Launching on 21 st  April, just ahead of World Book Day, this exclusive series invites Pune’s bibliophiles to engage with their favourite authors over enriching discussions at the city’s most luxurious address  Pune, April , 2025 –  Conrad Pune, the city’s leading luxury destination is all set to turn a new page in the city’s cultural story with the launch of  ConREAD , a signature monthly initiative that brings together authors, thinkers, and passionate readers for a compelling exchange of stories, ideas, and debates. Launching on 21 st  April, just ahead of World Book Day, ConREAD aims to create a thriving community for those who find joy between the pages and meaning in conversations. Curated to celebrate the written word, ConREAD will host monthly meet ups where punekars can meet their favourite authors in an intimate setting. An extension of Conrad Pune’s ethos, where hospitality meets culture, ConREAD is a movement to encourage intell...

IGI D Show 2025 Reaffirms Its Legacy as India’s Premier Diamond Show, Brings Together the Finest in the Diamond Industry

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by Priya Jadhav  Marking IGI’s 50th anniversary, the 21st edition of the largest exclusive diamond show featured 60+ diamond jewelry manufacturers and retailers across the country, and over 100,000 exclusive diamond jewelry designs Mumbai, 17th April 2025 : The grandeur of the 21st edition of the three-day IGI D Show 2025, hosted by the International Gemological Institute (IGI), unfolded today at the iconic Jio World Centre - reaffirming its legacy as India’s premier exclusive diamond show. As always, the IGI D Show has catalyzed business growth and fostered enduring relationships across the industry. This exclusive diamond exhibition is the cornerstone event for India's gem and jewelry industry, fostering meaningful relationships between premier diamond manufacturers and luxury/high-end retail brands. This first edition in Mumbai has been a grand and successful showcase, cementing purposeful connections beyond a display of brilliance. The event served as a powerful platform for fo...